New Wage Regs Take Effect May 5

If you own a restaurant, you need to be aware of significant changes to tip credit regulations in the amendments to the federal Fair Labor Standards Act (FLSA) regulations that become effective May 5, 2011. They were issued with little notice or fanfare by the U.S. Department of Labor (DOL). Attorney Lisa Schreter explores some of the issues surrounding these amendments.
What are some of the most significant changes?
Perhaps the most significant change in the tip credit regulations is ...

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